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Gulf property firm Emaar eyes $100 bln in projects

Thu Jun 19, 2008 9:58am IST
 
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DUBAI, June 19 (Reuters) - Dubai-based Emaar Properties EMAR.DU, the largest Arab property firm by market value, is looking into more than $100 billion in international projects, a company official told Gulf newspaper Khaleej Times on Thursday.

"With a pipeline of projects valued at over $100 billion, we forecast international operations to contribute 60-70 percent of our total revenues by 2010," Arif Amiri, senior director of investor relations, was quoted as saying in the newspaper.

(Reporting by Thomas Atkins; editing by Jason Benham)

((thomas.atkins@thomsonreuters.com, Reuters Messaging:

rm://thomas.atkins.reuters.com@reuters.net, Telephone: +971.4.366.4200)) Keywords: EMAAR/

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